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7 1.25 points eBook Hint Suppose a firm has had the following historic sales figures. Year: 2016 2017 2018 2019 Sales $2,460,000 $3,740,000 $4,450,000 $4,930,000
7 1.25 points eBook Hint Suppose a firm has had the following historic sales figures. Year: 2016 2017 2018 2019 Sales $2,460,000 $3,740,000 $4,450,000 $4,930,000 What would be the forecast for next year's sales using regression to estimate a trend? Next year's sales 2020 $5,570,000
7 Suppose a firm has had the following historic sales figures. Year: 2016 2017 2018 2020 2019 Sales $2,460,000 $3,740,000 $4,450,000 $4,930,000 $5,570,000 125 points What would be the forecast for next year's sales using regression to estimate a trend? eBook Next year's sales Hint
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